News

Eastern Bank added The Sourcing Group (TSG) as a new commercial banking customer. Eastern Bank will be a key financial resource in fueling the continued growth and success of TSG. “We’re proud to support The Sourcing Group with their day-to-day...

Assembled Brands Capital provided a senior secured facility to support Stately, a California-based men’s stylist-curated clothing subscription service. This flexible, non-dilutive capital will help the DTC-only business continue its subscriber growth and inventory purchases. The accordion-style facility is in place...

Rubicon Organics, a licensed producer focused on cultivating and selling organic certified, premium and super-premium cannabis products, confirmed the closing of its credit agreements with Community Savings Credit Union. The company has received $3 million from the capital loan and...

Howard Levkowitz, co-founder of Tennenbaum Capital and former Chairman of US Private Capital at BlackRock, has joined Gracie Point as Non-Executive Chair. Howard brings decades of expertise in structured finance, asset-backed securities, and specialty finance to Gracie Point as the...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of K2 Services, Epiq Global Business Transformation Services and Forrest Solutions by private equity sponsor Renovus Capital Partners....

KKR promoted eight partners and 39 managing directors, effective Jan. 1, 2026. “At KKR, our success starts with our people and is strengthened by our culture and values, which are at the heart of everything we do. The leaders we...

The Hedaya Capital Group recently provided a $1 million factoring facility to a branded and private label women’s sweater and knitwear wholesaler. Since pandemic supply chain challenges, the company has refocused their business on the fall/winter seasons. With a more...

Coral Capital Solutions, a provider of financing solutions for small and medium sized enterprises, has provided a full non-recourse factoring facility to a not-for-profit home care providers in the Northeastern United States. “Coral Capital’s factoring facility provides the organization with...

Siena Lending Group, a provider of asset-based lending solutions, closed a new senior secured revolving credit facility, in which Siena partnered with Eclipse Business Capital as co-lender and co-documentation agent. The credit facility is secured by accounts receivable and inventory....

The specialty finance unit of First Citizens Bank’s asset-based lending (ABL) business upsized by $100 million its existing financing for WhiteHawk Fund IV and WhiteHawk Evergreen Fund. The latest financing brings the total facility size to $300 million. Both funds...